HomeMy WebLinkAbout1361 ~~9941 ~ ~ ~
1NIS INDfNTURE, MaJ~ th~ 2bth ~,y ~ June ~,p. 19 6~„ 'i
Robert M r ln .~'1 ~.+~1 rnr.,~.,., c t~„p~~ ' • i
S h i q wi f o ,T`~ ~
~
of St. L-liC?Q ~o~nty Flwid~. hK~in~h~r d~~Mt~d ~s th~ "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS ANO IOAN ~
ASSpC1AT10N OF fORT PIERCE, a capw~tion ap~ni~d ~nd ~:ittinq vadK fA~ laws of *1~e Unit~d Sutp of Am~rlu snd h~vinp iri principal ptia of
buun~ss in tM Gty of Fwt PiKC~. St, luci~ ~nry.'Fbrid~, hKttn~ha dai~Mt~d ~s tM °MORiGAGEE."
WHEREAS tM N1pRTGAGOR is jwtly iod~bt~d 1o tlr MORTGAGEE in ~M sum of aood and lawful mon~y of the United
Srates adwncad by tAe MOftTGAGEE unto tM MORTGAGOR, +i widenced by i utt~in promissory rwt~ of even daro hsrewitFy of which tM foilowinp in
words and fiyv?ss is i ttv~ topY, towit:
S S~OOO.DU
~~~015~7b8
~on r~.ro.. ~«id+. June 26 toS~
Fo? vslue recaived, 1, we w either of us, prom;s~ to p~y, withouf d~fdution, to the orda of FIRST fEDERAI SAYINGS ANO COAN ASSOCtATtON Of
FORT PIERCE at Fort Pieres, florida, the wm of s 5~~~-~ with interes: from dat~ ~t th~ ~ate of~_96 per annum, in monthly intttl!-
~,ems as foilows: j 41•~ on tlw Sth ~y of A114tiSt , 19~ and ~ lik~ sum a+ tta oorreapondinp d~y of each monf!? 1Mrr
after until the whol~ bs f~lly paid.
E+ch iroraliment fint sMll b~ applied ia payme~t of the i~ttrest u?d then oe tt~e unpaid 6alance of the princ~p~l sum. If def~ult b m~de in ths
paymem of a~y insullment when due, and such defauM tontinues 30 days, fhen at ths option of fh~ holder, and without any othe? notice, all the remsinirg
;nstallments shall be due and payable at axe. Privile~ is yiven ro prepay this tate in wlwlt ot in put at any time without pen~lty. Neither forebearanq,
~or acceptance by the hotder lheraof afte~ a~y defauit in any payments F~ereon, shall be dxemed externion. A lar~ payment chuge of ~ •OS sMll b~
added fo each installmeM remainirg unpaid 7 days aft~r ib du~ dst~, and s lik~ sum shall be added to each such insta(Iment remainina ue?~?aid 7 days ~ittr
each suctaeding payme~t dare.
Exh make~, surety and endorscr hereof, jointly u?d sevswlly, waives demand, presentme~t protest ar,d ~otice of p~otest fw nonpayme~t, and funhtr
agrecs to any extension of tbne of payment, either before or ~ftn matu~ity, without noNce to +ny of us; and to pay all cosri of collection, includinp a
~ea:onable attwney i fea i~ the event of a~y defaulf hereunder, and hereby seve?alfy waivq a!1 benefit of homestead and exemption under th~ cautiMion
and laws of each S?ate of the United States, as agaimt thia obliy~tion w ~~y extension p rQnewal hereof.
Witness the M~ and ual of each parry. ~
ls/ Robert M. lovd ~~y
(S~?U
/s/ Carolvn S. Llovd ~
~ ~ • ~ ) star. aev~nw ~U
(Stamps cancelled on original note)
NOW, THEREFORE, the MORTGAGOR for the ptirpos~ pf tacurinp payment of said wrn o1 ~ 5 ~ OOO ~ ~?y ~a~~p of fh~
covenann and aQrea,?ents hereinafter e:pressed. ar+d fa diven yood and v~lwbl~ conside~aYwe?s by th~s~ prea~nts, dues 9rant, buyain, sell, ~emis~,
rel~ase. tonvey and tonfirm unto the MORTGAGEE, iri waessors ~nd assiy~s, all that tertain Iot, pi~c~ ot parql of tand, sitwt~. IYirg, u~d beinp in iM
covnty of - S t. L uc ie St,t• of Fbrida, dycrib~d ~s falows:
1
i
That portion of Lot 22, Slock L, rtAl2AVILLA ESTATES, as per plat thereof recorded
~
in Plat Book 8, page 77, St. Lucie County, Flarida, described as fo2lows: ~
From the Southwest corner of Lot 21, Block L, run Easterly along the lVortherly 3
right of way line of riartini~ue Avenue for 85.5 feet for point of beginning; from j
said point of beginning, continue Easterly 85.5 feet to the Southeast corner of
said Lot 21, thence Yortherly alony Easterly line of said Lot 21 for 145 feet to
the Northeast corner of said Lot 21, thence ~~esterly along Northerly line of said
Lot 21 a distanGe of 51.5 feet; thence South~resterly 149.7 feet to the mid-point
of the Southerly Iine of said Lot 21, being also the point of beginning,,,~
This is a second mortc~ane being inferior only to a prior
first mort~a~e recorded in ~ool: G9, Pages 656-657~
af t)ie Public Records of S t. Lucie County, Florida,
~O ~~iN PAYiAEi'[T Q~ TAXES
RECE~ E--~~ ;
- P:,ESCAtiItTO ClIAFTER 20124, ACRS OfLI}11PER~ . {
W 5 1~ I C~~ r L U'rl i LsJa ~~;,~R ppIIRAS, Clerk Circuit Cca~
c~ DOCUMENTA~' ~STc1P•1P TA:( ~
7 Z - =~o'Y >q,-- aS Ag2~~ fer Dr;i~lEl N. KN4~YLES. lR.
~ = JuNt6~69 , - - ~p ~ Tax Co ~
` ttect
o _ 7 5 0= s t_ ~
v~« r~
~ v - l'-~ ' - ~
cn ca+P~co~
~ea ' -
DEFJT; ct~~x
P.3.,~~~=8 By
rogether w;tA ~11 ~nd sirgulu tl+~ tenements. Mr~dita~rNnb ud appurtaeces tMrwnto bdonq'ag or in a~ywis~ ~pperfai~inp fh~nto, and ~II rsnts, issws, j
p~oceeds and prof~n acuuirg s~d to xaw from said premites, all of which ~re b~ckd~d in the abov~ ad for~poinp daaiption ~nd Mba+dum. '
TO HAVE AND TO HOW the ~bovs d~wib~d and ~rsntsd premaes unro th~ said MORTGAGEE, its suoaawrs arrd assipiu fonwr. Md th~ s~id ?
MORTGAGOR for their tx~cvtps. ~dminqfr~fon and assip~s, ha~by oov~nanb with fh~ said MpRTGAGEf, its sutqarora ad bsi~ru„
~hst they are ~,~,{„I~y seiud of th~ said pnrni~s io fK simples that the ~anw ~re ha~ d~ar ~nd d'aclwp~d from all li~ro and ~ncwn-
brances in taw a in equity, snd th~e theY will ~ed their beln sMll wurant and d~f~nd the tHk b th~ s+en~ to th~ wld
MORTGAGEE. Hs succeuors and sugro, forwer ~aimt th~ lawful daims a~d dem~nd~ of ~II p~nom;
PROVIDED. ALWAYS tMt if tM MORTCsAGOR thall pay w~~fo th~ MORTGJ?GEE tFw promiuory ~qt~ hK~inbefoh dncrib~d ~nd shsll hvly, promptlr
and fully perforn4 d~xl»r~e, execure, corrwlet~, comPN wirh ~nd ab~de by each and wery rhe i~ipvlar3a~„ ~pn.rnenn, w.~di~iorr ~nd oawn~nn of said
aromisso.y note and of this Nlortpaq~, t}~en this Mat9ap~ ~~d tM Esta» h~r~by veated sh~ll ce~s~ and b~ null and void.
IT IS UNOERSTOOD that the word "Morty~yo?" whetl~ in the sirgular a plwal anywh~n in this Mwtpa~, slNll be sinqvl~r if on~ only and
•hall b~ pkrr~l joimly ~nd s~v~rally if mort tFM~ o~e. and that tl+~ wwd "tlwir" a us~d an
ywMr~ in thia Nlorqq~ sh+l1 bt takan to mean "hb.'• ••h~es
o. "in," wF~er~ver the cont~xt w impl;~s or adrn;ts, Alw, that whereva then b a r•f~ranc. in tl,. cownanh and apr.an.nn M.•in ao~u•irwd ro any of
+he p~nies hento, th~ sun~ sh~ll b~ co~strued te mtan u vwll a~ th~ lwir~. Ipal npr~sentativa. woceswrs ud au;p~s (~itiwr voluntsry by scr of tfw
parties w involunt~ry by oper~tion of tM law) of the snr+e ~nd th~t tM co,r~nb hN~ln cont~inad shall bind ~nd t!» ban~fi» and adv~ntapp inw~
ro th~ r~sp~ctiw M'vs, kpal repraentatives, ~ua~swrs and ass~es of tM parN~s her~o.
Md said Mwtypora, fa themselves and their lwirs, Ip~l r~present~tivp. succ~aron a~+d suipro. Mr~by jointly ~nd s~va~lly cawrum and a~r~e i
ro and with tM ~aid MORTGAGEE, ifs s~oceswn a~d auqns:
i. To psy ~H Md siegirlar th~ pineipa! and inN~sst and th~ vuian ~nd sundry suny of mawY P+Y~bI~ by virtue of said promissory not~, and thb
mortyaW. eac~ ~nd ~very, promptly on tM days re~pectiwly th~ saen~ sertrally bscan~ dw.
Z. To pay all and Wrgvlar tM ta:~s, a~es~nts, Iwia„ liabiliti~s, oblgatjons ~nd «+axnbru~c~s of ~vary natw~ and kind naw o~ sa;d dexrib~d
Property, a th~t hers~fnr reNy be impoud, wHK~d, d~oed kvi~d, or +s~eas~d tl~sreon, a fhat Mrsafta ~ruy b~ Iw»d a~aww~d upon thk
a8~, p t1N indebt~dnets secvr~d Mreby, each and w~ry, whee~ dut and p~yablt. +awdinp b Itw, before thnr bacom~ d~linquent, a+d Mfw~ ~ny Im~inat
attathlf O~ ~np plMhy if incwred; AND INSOFAR AS ANY THEREOf IS OF RKORD tHE SAARE SHALL 6E PROMPTIY SATi5FiE0 AND DISCHARGEp Qf ~
RECORD AMO ~1if ORIGlNAL OFflCIAt DOCWNENT (SIKH /15 FOR INSTANCE, THE T/V( RKEIP? OR THE SATISFACTION PMER OFfIC1ALLY ENOORSEC j
OR CERTIFIED) SHALL BE PIACED IN TNE HANOS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; u~d in tM tvent tFwt ary thK~of is ew1
pa~d, sat'sfied ~nd discharyed sa;d MORTGAGEE may ~t any tim~ pay tfw s~ o~ any psA th~reof witbovt waevir~Q a affectinp any aptip~, lien, equity p ~
•~qM ~nder or by virtve of this mortga9e and the full arraunt of eacl~ ~nd every wch paymem shall b~ immediatdy dw and payablt ~nd shall b~ inta~st
<<om the datt the~eof until paid at rate of ni~e pe? untum pa arwwm a~d roycther with ~uch int~rest sfu(I bs setur~d b tM lie~ of th:s morytpt. !
~ ~ aooK ~ ~l8 ~H~~ ~.3~Q '
~.~y _ - - -
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